Marcus & Millichap brokered the sale of 10812 S. King Drive, a six-unit apartment property located in Chicago, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $320,000.
Eric P. Bell, senior managing director and investment specialist in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a private investor.
The property is located in a strong Roseland rental market. The property is an add-value investment and is in close proximity to the Metra Electric District 11th Street station, Gwendolyn Brooks Preparatory School and the Pullman neighborhood.